The objective of this course is to provide a comprehensive overview of the contractual environment necessary for project team members to interface effectively with the contract and procurement function as part of their day-to-day work. It will be necessary to have an understanding of how a contract is formed, the key legal requirements underpinning a contract, and how a contract is administered.

The objective of this course is to provide a comprehensive overview of the contractual environment necessary for project team members to interface effectively with the contract and procurement function as part of their day-to-day work. It will be necessary to have an understanding of how a contract is formed, the key legal requirements underpinning a contract, and how a contract is administered.

During this course participants will learn about the pitfalls and challenges faced during the contract negotiations for access to oil and gas resources. Using petroleum industry case studies and realistic examples participants will receive a broad-based practical introduction to managing oil and gas exploration, as well as development and production contracts. Participants will work individually and in teams to tackle a variety of industry challenges